ADQ, an Abu Dhabi-based investment and holding company, and Türkiye Wealth Fund (TWF) today launched Türkiye Technology Fund – ADQ TWF, which will invest in venture capital funds and high-growth potential companies in Türkiye.
Building on the UAE’s platform to support strategic investments in Türkiye, Türkiye Technology Fund – ADQ TWF was launched byH.E. Mohamed Hassan Alsuwaidi, Managing Director and Chief Executive Officer of ADQ, and Arda Ermut, Chief Executive Officer and Board Member of TWF.
ADQ and TWF established the Fund to undertake investments in high-growth, Turkish start-ups with innovative business models. Türkiye Technology Fund – ADQ TWF will invest in companies developing emerging technologies or improving existing technologies in significant sectors such as energy and utilities, healthcare and life sciences, food and agriculture, mobility and logistics, financial services, and education.